amex versus withdean

[The Wookiee]

Has Falmer made more money for the club this season than withdean?

 

[Daffy Duck]

Think that's a yes.

 

[The Wookiee]

If it has that's amazing. A stadium still being built is earning us more money than our existing home!

 

[Djmiles]

Someone said about 5,000 ordinary, and 2,500 1901 seats sold so far (Roughly).

5,000 x £400 = £2 million
2,500 x £750 (Average of the £500 and £1000 deposits) = £1.875 million.

Total = £3.875 million.

Extremely crude, but you get the idea.

To get £3.8 million at Withdean you would need to sell 9500 season tickets at £400 each.

 

[The Peanut Roaster]

Someone said about 5,000 ordinary, and 2,500 1901 seats sold so far (Roughly).

5,000 x £400 = £2 million
2,500 x £750 (Average of the £500 and £1000 deposits) = £1.875 million.

Total = £3.875 million.

Extremely crude, but you get the idea.

To get £3.8 million at Withdean you would need to sell 9500 season tickets at £400 each.

You sound like an accountant.

I've always found there's 3 types of accountants.

A good one, and a bad one.

 

[Lord Bracknell]

5,000 x £400 = £2 million

The arithmetic is correct, but how many people have paid £400 already? Most will have paid a deposit and signed up to a direct debit.

5,000 x £400 x 1/12 = £166,666

A replay against Stoke City might bring in 5,000 x £20 = £100,000 + £72,000 TV fee = £172,000.

OK, Stoke get a proportion of the £100,000, but let's not get carried away.

 

[Djmiles]

You sound like an accountant.

I've always found there's 3 types of accountants.

A good one, and a bad one.

The arithmetic is correct, but how many people have paid £400 already? Most will have paid a deposit and signed up to a direct debit.

5,000 x £400 x 1/12 = £166,666

Looks like I'm a bad one

 

[The Wookiee]

So how much income has withdean given us so far this season?

 

[Bob!]

Someone said about 5,000 ordinary, and 2,500 1901 seats sold so far (Roughly).

5,000 x £400 = £2 million
2,500 x £750 (Average of the £500 and £1000 deposits) = £1.875 million.

Total = £3.875 million.

Extremely crude, but you get the idea.

To get £3.8 million at Withdean you would need to sell 9500 season tickets at £400 each.

Even using those figures it's hard to say it's made money.

Cost = £100m
Sales = £3.9m
LOSS = £96.1m

 

[Everest]

Even using those figures it's hard to say it's made money.

Cost = £100m
Sales = £3.9m
LOSS = £96.1m

But that £100m hasn't all been spent this season

 

[The Wookiee]

Even using those figures it's hard to say it's made money.

Cost = £100m
Sales = £3.9m
LOSS = £96.1m

I meant income received from both stadiums and anyway have we ALREADY paid out 100 million this season on a stadium that is not yet completed?

 

[Gully]

You sound like an accountant.

I've always found there's 3 types of accountants.

A good one, and a bad one.

I always thought that there were five...good, bad, turf and creative!

 

[Langley]

How can you compare the income from a s--th----e of a stadium that holds approx 8000. To a state of the art stadium holding 20,000 plus. No comparison.

 

[Bring back Bryan wade!!]

The arithmetic is correct, but how many people have paid £400 already? Most will have paid a deposit and signed up to a direct debit.

5,000 x £400 x 1/12 = £166,666

A replay against Stoke City might bring in 5,000 x £20 = £100,000 + £72,000 TV fee = £172,000.

OK, Stoke get a proportion of the £100,000, but let's not get carried away.

I disagree that the majority would have paid by D/D.

I reckon at least 25% have paid balance in full, maybe as high as 30-35%

 

[Conkers]

Even using those figures it's hard to say it's made money.

Cost = £100m
Sales = £3.9m
LOSS = £96.1m

But you would tend to depreciate a stadium over it's useful life and not just the year it opens

 

[Elvis]

Whats the Clubs record gate reciepts from Withdean? and what are our predicted gate reciepts next season?

This will be a good indication of how we will be on a more competitive financial footing with the other clubs.

Obvisouly Pompey don't count in this as they seem to make their own rules up when it comes to revenue/runing costs/debts/admin etc.....

 

[Guy Fawkes]

But you would tend to depreciate a stadium over it's useful life and not just the year it opens

But we are still spending money constructing it at the moment, therefore it is still costing the club money. Its been about 5 1/2 months since the season began and we are spending on average around £4 million a month building it so it has cost the club £22 million this season alone

* based on average monthly spend figure from Kick off magazine

 

[Billy the Fish]

That's not what The Wookiee meant, it's a simple question of Falmer income - running costs vs Withdean income - running costs. The build cost shouldn't even come into the conversation.

In any case, the stadium and the football club are both subsidiary companies, I don't know how it all fits in but surely build cost is kept off the books